Reinvent to stay relevant

  One of the questions I often get asked is: Why do retailers get into trouble? There is a common misconception that retailers fail because; ‘the bank’ sent them broke by lending them too much money; the economy is not doing well; interest rates are too high; greedy landlords were charging too much rent; or new competition stole their marketshare and destroyed their sales and margin performance. Many people believe that when retailers fail, it is often due to factors outside their contr

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